NAPLES — Hertz' equipment-rental division has formed a joint venture in Qatar, where the state plans to spend $182 billion on infrastructure leading up to the World Cup in 2022.
The joint venture is an agreement between Hertz Equipment Rental Corp., Dayim Holdings and Phoenix Project Development WLL of the Al-Attiyah Motors & Trading Group.
Hertz-Dayim's equipment-rental services are designed for stadium building, metro, ports, rail, roads, drainage systems, and expressways in addition to hydrocarbon based and petrochemicals projects. The company works closely with building, construction and oil and gas firms as well as contractors working within those environments.
“With Qatar's planned infrastructure megaprojects over the next five years, Hertz Dayim Equipment Rental is well positioned for expansion into the Gulf State,” said Francis Early, international vice president of Hertz Equipment Rental. “Hertz-Dayim's aim is to provide first class, value-added equipment rental solutions to the country's construction and infrastructure development industry.”